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Hey, didn’t we just put steel tariffs in place? And now we’re exempting most of Europe? And what might Europe do in response? Here’s a hint:

Rifts have emerged within the EU with Britain and Germany arguing against retaliation on the grounds that it could spiral into an all-out trade war. But France and much of southern Europe appear to be more willing to adopt tough tactics.

Mr O’Neill’s hint that many European producers will be exempt from US tariffs can be seen as an attempt to head off the more hardline EU countries.

That nasty word “war” just keeps following Bush around, doesn’t it? Maybe he should declare a war on war?

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Written by srogers

July 2, 2011 at 2:03 am

Posted in Uncategorized

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